Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Australian Unity Office FundASX:AOF 22 Equity-to-Asset is 0.99 as of Dec. 2025, which is 43% above its 10-year median of 0.69. GuruFocus rates ASX:AOF with a GF Score™ of 22/100 and a GF Value™ of A$0.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 937 REITs companies, Australian Unity Office Fund ranks better than 96.8% on this metric.
The historical rank and industry rank for Australian Unity Office Fund's Equity-to-Asset or its related term are showing as below:
ASX:AOF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.69 Max: 0.99
Current: 0.99
During the past 10 years, the highest Equity to Asset Ratio of Australian Unity Office Fund was 0.99. The lowest was 0.65. And the median was 0.69.
ASX:AOF's Equity-to-Asset is ranked better than 96.8% of 937
companies
in the REITs industry
Industry Median: 0.58
vs ASX:AOF: 0.99
Australian Unity Office Fund (ASX:AOF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Australian Unity Office Fund Equity-to-Asset Related Terms
Australian Unity Office Fund Equity-to-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Australian Unity Office Fund Equity-to-Asset Chart
ASX:AOF vs BXP, ARE, VNO: Equity-to-Asset Comparison
For the REIT - Office subindustry, Australian Unity Office Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Australian Unity Office Fund Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Australian Unity Office Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Australian Unity Office Fund's Equity-to-Asset falls into.
Australian Unity Office Fund Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Australian Unity Office Fund's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Australian Unity Office Fund (ASX:AOF) has a Equity-to-Asset of 0.99 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Australian Unity Office Fund and its competitors. This is 43% above median its historical median of 0.69. Over the past decade, Australian Unity Office Fund's Equity-to-Asset has ranged from 0.65 to 0.99. According to the industry distribution chart, Australian Unity Office Fund ranks #30 out of 937 companies in the REITs industry, placing it in the top 3.2%.
Is Australian Unity Office Fund's Equity-to-Asset too high?
Australian Unity Office Fund's current Equity-to-Asset of 0.99 is 43% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 0.99. The REITs industry median Equity-to-Asset is 0.58. Australian Unity Office Fund's value of 0.99 is 70.7% above this industry median. Based on the distribution chart, Australian Unity Office Fund ranks #30 out of 937 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Australian Unity Office Fund has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Australian Unity Office Fund's Equity-to-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Australian Unity Office Fund ranks #30 out of 937 companies for Equity-to-Asset. This places Australian Unity Office Fund in the top 3% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.58. Australian Unity Office Fund's value of 0.99 is 70.7% above this benchmark. Historically, Australian Unity Office Fund's own Equity-to-Asset has ranged from 0.65 to 0.99 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.58, Australian Unity Office Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Australian Unity Office Fund's current Equity-to-Asset of 0.99 is 70.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Australian Unity Office Fund and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Unity Office Fund's current Equity-to-Asset is 0.99, which is 43% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Unity Office Fund stock overvalued right now?
Based on GuruFocus' analysis, Australian Unity Office Fund (ASX:AOF) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.11, compared to a current price of A$0.37 — trading 231.8% above its estimated fair value. The current Equity-to-Asset is 0.99, which is 43% above median its 10-year median of 0.69 and 70.7% above the REITs industry median of 0.58. Australian Unity Office Fund's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Australian Unity Office Fund (ASX:AOF), the current Equity-to-Asset is 0.99 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Australian Unity Office Fund (ASX:AOF) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Unity Office Fund stock appears to be overvalued.
The current stock price of A$0.37 is trading 231.8% above its estimated GF Value™ of A$0.11.
GuruFocus considers Australian Unity Office Fund to be Significantly Overvalued.
Key valuation signals for ASX:AOF:
Equity-to-Asset: 0.99 (43% above median its 10-year median of 0.69)
GF Value™: A$0.11 vs. price of A$0.37 (231.8% above fair value)
Industry Position: 70.7% above the REITs median (#30 of 937)
No single metric tells the full story. See the ASX:AOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Unity Office Fund is a Real Estate Investment Trust. Its only operating segment is investment in real estate. Geographically, it operates solely in Australia and generates revenue from rental income.
22GF Score
Get the complete analysis for ASX:AOF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AOF has been successfully added to your 
